USDCHF - LONG POSITION (4HR)
USDCHFCONFLUENCES:
- Bullish market structure confirmed by MA crossover
- Break out from previous area of resistance
- approaching 71% fib & minor support area, I will look for rejection from this area before entry
- Inverse head & shoulders pattern formation
- Elliot wave 5th leg
- rejection of Daily 51 EMA
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